250 Peru Street — Paw Paw, IL 61353
Active
Paw Paw, IL 61353

250 Peru Street

$230,000
0 beds · 0 baths
Listed at $230,000 7 days on market $6,004/yr taxes
01About this home

Business owner retiring after more than 30 years, creating a rare opportunity to acquire a highly versatile mixed-use property in the heart of a caring small-town community. Whether you're an investor seeking cash flow, an entrepreneur looking for a live-work setup, or a business owner ready to expand, this property offers exceptional flexibility and long-term potential. The main floor and basement levels provide approximately 2,000 sq ft of space for a variety of commercial uses including professional offices, educational services, retail, wellness businesses, studios, or community-focused enterprises. The established commercial layout allows for immediate occupancy or adaptation to suit your business needs. The upper level features a private 2-bedroom, 1-bath apartment, providing valuable rental income, employee housing, or owner-occupied living quarters. Situated on two village lots, the property includes a fenced outdoor area, blacktop recreation space, an attached 1-car garage, and an oversized barn/2-car garage offering additional storage, workshop space, contractor facilities, or future business expansion possibilities. Well maintained with ongoing updates and improvements since 1992, this property presents multiple value-add opportunities, including continued mixed-use operation, commercial redevelopment, additional rental income strategies, or conversion to other permitted uses. Invest in your future while becoming part of a thriving small-town community. TIF Incentives available. Properties offering this combination of commercial space, residential income, ample storage, and redevelopment potential are rarely available.

02Inside the home
03By the numbers
$230,000
List price
Square feet
Bedrooms
Bathrooms
1891
Year built
Lot size
Garage spaces
$6,004
Annual taxes
Mixed Use
Style
7
Days on market
04Features
Cooling
Central AirWindow Unit(s)Zoned
Construction
BlockWoodOtherFrame
05Neighborhood
  • Beaver den Tavern & Grill 550 ft
  • Paw Paw Fresh Market 600 ft
  • Casey's General Store 800 ft
  • Veterans Memorial Park 0.2 mi
  • Lions Park 0.5 mi
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Jun 3, 2026
Listed for saleThis listing
Swanson Real Estate
$230,000
May 13, 2026
Listed for sale
Swanson Real Estate · 30 days on market
$230,000
May 13, 2026
Listed for sale
Swanson Real Estate · 30 days on market
$230,000
May 7, 2026
Listed for sale
Swanson Real Estate
$230,000
May 7, 2026
Listed for sale
Swanson Real Estate
$230,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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09Similar homes
Listed by Swanson Real Estate · Wendi Sleezer · 630-486-6514
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12667006
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